Eruptious Response to FCAA’s Approval of Equity Crowdfunding in Saskatchewan

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NCFA Canada | Craig Asano | December 8, 2013

Saskatchewan becomes the first province in Canada to allow companies to raise capital from unaccredited investors over the Internet via a specific equity crowdfunding exemption.

There was an explosion of support to the BREAKING NEWS that the FCAA (Financial and Consumer Affairs Authority) had approved an Equity Crowdfunding Exemption in Saskatchewan at 11am (CST) late morning last Friday, Dec 6, 2013.

Invitations were sent in advance to a community of top entrepreneurs, innovators, investors and regulatory and ministerial officials who were present for this ground breaking formal event/announcement held at VendAsta Technologies, Suite 405, 220 3rd, Avenue Building, Saskatoon (see Video).

Shortly after 11am CST when the initial announcement was made, the power of the crowd and social media spread the news quickly through the tweeter-sphere signaling that equity crowdfunding was indeed advancing in Canada and that Saskatchewan was the country's first instance to approve a set of intra-provincial equity crowdfunding regulations.

A flood of support...

Support for Saskatchewan equity crowdfunding exemption

Related Links:

FCAA Approves Equity Crowdfunding in Saskatchewan on Dec 6, 2013
Learn more:  Saskatchewan Equity Crowdfunding (FCAA)

 

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada crowdfunding hub providing education, advocacy and networking opportunities in the rapidly evolving crowdfunding industry. NCFA Canada is a community-based, membership-driven entity that was formed at the grass roots level to fill a national need in the market place. Join our growing network of industry stakeholders, fundraisers and investors. Increase your organization’s profile and gain access to a dynamic group of industry front runners. Learn more eBrochure | Prezi or contact us at casano@ncfacanada.org.

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